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Daily Pivots: (S1) 1.2841; (P) 1.2918; (R1) 1.3049; More… Intraday bias in GBP/USD is back on the upside with firm break of 1.2933 minor resistance. Retest of 1.3206 should be seen first. Break there will resume the rally from 1.2099 towards 1.3433 high. For now, near term outlook will stay bullish as long as 1.2706 […]

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29/11/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.58; (P) 192.03; (R1) 192.73; More… GBP/JPY’s decline from 199.79 continues today and intraday bias stays on the downside. As noted before, corrective rise from 180.00 could have completed with three waves up to 199.79. Deeper decline would be seen to 183.70 support next. On the upside, above 192.45 minor resistance will […]
05/12/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8263; (P) 0.8282; (R1) 0.8296; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside, decisive break of 0.8259 will resume larger down trend to 0.8201 key support. On the upside, break of 0.8311 minor resistance will turn bias back to the upside for recovery. But still, outlook will […]
09/01/2025

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2292; (P) 1.2393; (R1) 1.2465; More… GBP/USD’s fall from 1.3433 continues today and breached 1.2256 fibonacci level. There is no clear sign of bottoming yet and intraday bias stays on the downside. Sustained trading below 1.2256 will carry larger bearish implications. On the upside, break of 1.2376 will turn intraday bias neutral […]